ICYMI: Fitzpatrick Discusses Debt Ceiling Crisis

April 22, 2023

WASHINGTON, DC – In case you missed it, on Thursday morning Congressman Brian Fitzpatrick (PA-01) joined CNBC’s Squawk Box alongside Congressman Josh Gottheimer (NJ-05) to discuss the current debt ceiling crisis. This week, the Problem Solvers Caucus – chaired by Fitzpatrick and Gottheimer – unveiled a debt ceiling framework.

From the interview:

“We have two simultaneous crises and we have to address both. We have a fiscal cliff that we are coming up on, and we cannot allow the nation to default under any circumstances. We also have a debt-to-GDP ratio that exceeds one-hundred percent. Our debt-to-GDP ratio in 2000 was thirty-eight percent, in 2010 it was about sixty-eight percent, it is now well-over one-hundred percent. That also is a crisis, and we have to address both. The fringes, the extremes in both parties only want to focus on one. Our caucus is focused on both,” said Congressman Fitzpatrick.

Watch the full interview here.

 

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